The FinTech Hub
Source: Live Mint IPOs this week: India’s primary market will witness intense action as three new mainboard initial public offerings (IPOs) will open for bidding on Wednesday, December 11, 2024. Investors will be busy tracking the new issues for day-by-day subscription status, grey market premiums (GMPs), and the key dates to get the desired allotment….
Source: Live Mint Fintech major One MobiKwik System’s public issue is set to hit the market to open for subscription on December 11. Incorporated in March 2008, Mobikwik is a fintech company providing prepaid digital wallets and online payment services. MobiKwik provides a range of payment services, enabling consumers to pay utility bills, such as…
Source: Live Mint US stocks were mixed on Tuesday ahead of a key inflation data this week. At the opening bell, the Dow Jones Industrial Average fell 110.4 points, or 0.25 per cent, to 44,291.57. The S&P 500 rose 4.7 points, or 0.08 per cent, to 6,057.59, while the Nasdaq Composite rose 59.7 points, or…
Source: Live Mint The NSEL Investor Action Group (NIAG), which withdrew the consent after an emergency meeting on 6 December, accused 63 Moons of violating the foundation of the settlement talks by seeking permission to access ₹300 crore from attached assets without consulting the group. However, the NSEL Investors Forum (NIF) has claimed that it…
Source: Live Mint Google has unveiled its latest quantum chip, Willow, marking a significant breakthrough in quantum computing. According to the tech giant, Willow’s extraordinary capabilities promise to tackle challenges that traditional computers could never solve, paving the way for future innovations in science, technology, and beyond. What makes Willow special? Willow’s two major achievements…
Source: Live Mint In a market environment where only 35% of portfolio management services (PMS) strategies have outperformed the broader indices, a disciplined approach on the part of PMS funds continues to deliver exceptional value for investors. Q2FY25 was a reset quarter for the market. FIIs were selling due to higher valuations and concerns about…
Source: Live Mint My 66-year-old aunt, who is still working at a private school, received ₹18 lakh last year from the sale of our ancestral property. She doesn’t need this amount for three to five years. Could you suggest the best investment options for her to ensure the growth and safety of her funds? -Name…
Source: Live Mint The subscription period for the Inventurus Knowledge Solutions IPO, backed by Rekha Jhunjhunwala, is set to start on Thursday, December 12, and will conclude on Monday, December 16. The allocation for anchor investors in the Inventurus Knowledge Solutions IPO is planned for Wednesday, December 11. The price band for the Inventurus Knowledge…
Source: Live Mint Premium credit cards are offered by banks to high net worth individuals and also to their old loyal customers. These credit cards offer exclusive and luxurious benefits unlike any other regular credit card. Although the joining fee as well as the annual fee of these credit cards is skyrocketing, theyprovide you with…
Source: Live Mint Indian stock market regulator, the Securities and Exchanges Board of India (SEBI) announced that the Optional T+0 settlement will now be available to the top 500 stocks, according to an official circular released on Tuesday, December 10. “Optional T+0 settlement cycle shall be made available to top 500 scrips in terms of…
